What is a PEO –
Professional Employer Organization?
A PEO, or Professional Employer Organization, is a company that you hire to assist with all things employment related. In contrast, a payroll service provider only provides payroll and payroll tax administration. The relationship between the client and the PEO is quite unique unlike utilizing a payroll service. The PEO becomes the “employer-of-record” in which all employee wages are paid under the PEO’s tax ID number. This specific detail alone can help eliminate a lot of hassle on the clients end.
Reduce Hassle
- Eliminates late or incorrect tax payments
- Eliminates notices from the IRS, SSA, or ODOR
- Eliminates unemployment claims filed under client account
- Eliminates need to reconcile payroll account
- Eliminates need to set up multiple GL accounts
- Eliminates need to utilize multiple vendors
Highlights of a PEO relationship
- One-stop shop
- Complete back-office support
- Allows you to focus on your core mission
- Helps reduce risks associated with employment
Comprehensive Services
- Payroll
- Human Resources Management
- Employee Benefits & Administration
- Workers’ Compensation
- Risk Management
